Oceaneering International Q1 Adj. EPS $0.30 Misses $0.32 Estimate, Sales $692.429M Beat $670.937M Estimate

Oceaneering International (NYSE:OII) reported quarterly earnings of $0.30 per share which missed the analyst consensus estimate of $0.32 by 6.25 percent. This is a 30.23 percent decrease over earnings of $0.43 per share from the same period last year. The company reported quarterly sales of $692.429 million which beat the analyst consensus estimate of $670.937 million by 3.20 percent. This is a 2.65 percent increase over sales of $674.523 million the same period last year.